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The Support Economy: Why Corporations
Are Failing Individuals and the Next
Episode of Capitalism

by Shoshana Zuboff and James Maxmin

New York: Viking, 2002

A dazzling blend of business vision, history, social psychology, and economics, The Support Economy starts with a compelling premise: People have changed more than the corporations upon which their well-being depends. In the frustration and rage that now separate individuals from organizations lie the keys to a wholly new economic order.

Shoshana Zuboff, a renowned scholar who wrote the landmark book In the Age of the Smart Machine, and James Maxmin, a world-class business leader, offer a vivid and unvarnished diagnosis of today's standoff between individuals and companies, which they call the transaction crisis. They go on to articulate their bold and invigorating insights into the future of our economy and society as they assess the potential for a new era of economic growth they call the support economy.

In recent years, many experts have offered fixes for this crisis, but they have dealt only with its symptoms. The Support Economy is the first book to critically examine its cause: Managerial capitalism has outlived the society it was once designed to serve. It successfully achieved the efficient mass production of goods and services, but the individuals who compose today's society want more. They want to take their lives into their own hands and are ready to pay for the support and advocacy necessary to fulfill that yearning. The next leap forward in wealth creation depends upon developing a new capitalism, a "distributed capitalism," capable of fulfilling the needs of these new individuals, while finally exploiting the revolutionary capacities of the new digital medium.

The Support Economy is a resonant, intellectually daring, and optimistic book that is filled with fresh ideas and startling insights, from "the new society of individuals," "career taxidermy," and "the individuation of consumption" to "organizational narcissism" and "federated support networks." It will speak to anyone interested in the current crisis of confidence in the corporation, the needs of individuals as consumers and employees, the role of women as a force for economic change, and the opportunities for entrepreneurs, technologists, policymakers, leaders, and citizens. Certain to stir debate, here is a book for every reader interested in the future of the economy and society.

Shoshana Zuboff is the Charles Edward Wilson Professor of Business Administration at the Harvard Business School, where she is chair of the ODYSSEY programs. Called "the prophet of the information age," she is the author of the critically acclaimed In the Age of the Smart Machine: The Future of Work and Power. Dr. Zuboff earned her Ph.D. in social psychology from Harvard University.

James Maxmin was chairman and CEO of Volvo-UK, Thorn Home Electronics, and Laura Ashley PLC. He founded the private investment company Global Brand Development and is currently the advisory director at Mast Global, the investment banking arm of the Monitor Company. Dr. Maxmin has been a non-executive director of major companies on both sides of the Atlantic. He earned his Ph.D. in philosophy from Kings College, London.

Zuboff and Maxmin are married and live in Maine with their two children.

 

 
   
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